# USDCNY: Yuan Climbs Past 7 Per Dollar Onshore for First Time Since 2023

> The yuan rose past 7 per US dollar in the onshore market for the first time since 2023, helped by a softer dollar and year-end FX sales by Chinese exporters. The move followed an earlier breach of the level in the offshore market.

- Date: 2025-12-30 · published 2025-12-30T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/21738-usdcny-yuan-climbs-past-7-per-dollar-onshore-for-first-time-since-2023
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A stronger yuan lowers the local cost of dollar-priced commodities such as soybeans, which can support Chinese import demand at the margin. Its direct price effect on feed markets is limited.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2019-11-05 | [China: Yuan surges past 7 per dollar for the first time since August](https://feedsoft.ai/events/56293-china-yuan-surges-past-7-per-dollar-for-the-first-time-since-august.md) | -0.3% | +0.3% |
| USDCNY | 2026-02-01 | [China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023](https://feedsoft.ai/events/21278-china-sets-yuan-fixing-stronger-than-7-for-first-time-since-2023.md) | -0.2% | -1.0% |
| USDCNY | 2026-05-28 | [China's onshore yuan finishes domestic session at 6.78 per dollar, strongest such close since Feb. 3, 2023 \| MarketScreener](https://feedsoft.ai/events/19486-china-s-onshore-yuan-finishes-domestic-session-at-6-78-per-dollar-strongest.md) | -0.1% | +0.3% |
| USDCNY | 2020-07-08 | [Chinese yuan climbs to four-month high, breaking 7 per US dollar - Global Times](https://feedsoft.ai/events/9738-chinese-yuan-climbs-to-four-month-high-breaking-7-per-us-dollar-global-times.md) | -0.1% | -0.6% |
| USDCNY | 2017-12-28 | [China's yuan rises on US dollar weakness, on track for best year since 2008 - Times of News](https://feedsoft.ai/events/67709-china-s-yuan-rises-on-us-dollar-weakness-on-track-for-best-year-since-2008.md) | -1.0% | -3.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-12-30/yuan-climbs-past-7-per-dollar-onshore-for-first-time-since-2023
- businesstimes.com.sg: https://www.businesstimes.com.sg/international/renminbi-climbs-past-7-us-dollar-onshore-first-time-2023

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.